Arlington, Texas
Arlington Apartment Loans in 2026
Arlington sits between Dallas and Fort Worth, and its apartment market moves with the whole Metroplex. We arrange Arlington apartment loans of $1,500,000 and more for buildings from the Entertainment District to the south side, with leverage reaching 80% of value and pricing that begins at 6.14%. Larger communities are handled through multifamily financing for the city, other markets in the state through Texas apartment loans, and current pricing for every program appears on our commercial mortgage rates page.
Get a Free QuoteMetroplex Growth, Softer City Rents: Arlington's 2026 Apartment Market
Arlington's renters come from the same regional economy as Dallas and Fort Worth, and the 2026 outlook for that economy is strong on jobs and people. In-migration and corporate relocations keep demand coming, and forecasters expect Metroplex population growth to rank among the ten fastest in the country even with new supply still arriving. The outlook puts 2026 job growth across the Metroplex at about 25,000.
Supply is easing. About 21,000 units are expected to deliver across the region in 2026, down from roughly 30,000 in 2025 and a record of more than 44,000 in 2024. With hiring cooling and fewer projects breaking ground, a second-quarter 2026 forecast puts regional vacancy at 6.6% by year-end, down 40 basis points from 2025, and expects effective rents across the region to rise about 1.8%.
Arlington Rents by the Numbers
The Metroplex outlook above is regional; city-level rent data is softer. The local median fell 3.9% over the past 12 months to $1,250, according to Apartment List's October 2026 report, and the one-bedroom median is $1,080 against $1,273 for a two-bedroom. RentCafe, whose figures cover properties of 50 units and up, logged an average of $1,366 at the end of September 2026, up 0.62% on the year, with 46% of households renting. HUD's April 2025 analysis of the Fort Worth-Arlington-Grapevine area put apartment vacancy at 11.6% in the first quarter of 2025.
Those numbers explain how lenders are underwriting the city: trailing collections and concessions get as much attention as asking rents, and a property that has held occupancy through the supply wave stands out.
Arlington Apartment Loan Rates
Rates updated as of November 1, 2026
Rates below are best-case starting points. Here the city's annual inspection score for your property is part of the file, so a strong score helps the quote.
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 6.54% | Up to 80% |
| 7 Year Fixed | 6.57% | Up to 80% |
| 10 Year Fixed | 6.61% | Up to 80% |
- Cash-out refinances are acceptable
- Interest-only and non-recourse options
- Minimum 1.25x debt-service-coverage ratio
See Arlington Multifamily Rates Over $6 Million, Starting at 6.14%
Rates last updated November 1, 2026. Rates and maximum LTV shown represent our best-case pricing scenarios. Actual rates, LTV, and loan terms are subject to underwriting approval and may vary.
Where in Arlington We Finance Apartments
The Entertainment District, home to AT&T Stadium and Texas Live!, drew 15.6 million visitors in 2023, according to HUD's analysis citing the Arlington Convention and Visitors Bureau, and the 888-room Loews Arlington and 268-room Drury Plaza hotels opened in the city in 2024. Rents vary widely across the rest of town: RentCafe's September 2026 averages range from $2,209 in Harris Crossing and $1,806 in Harris Ridge to $1,713 in Westway, $1,534 downtown, $1,387 in Parkway Central and $1,055 in Forest Lake.
Our lending covers the full map, including:
- Central Arlington
- East Arlington
- South Arlington
- North Arlington
- West Arlington
- Viridian
- Interlochen
- Lake Arlington
- Great Southwest
- Entertainment District
- Randol Mill
- Sublett
- Fish Creek
- Rush Creek
- Tierra Verde
- Southeast Arlington
- Bowen Road corridor
Arlington Apartment Loan Programs Side by Side
Every request is priced across several lender types; the table shows where each one starts:
| Program | Typical rate* | Max leverage | Best for |
|---|---|---|---|
| Fannie Mae Small Loan | 6.54% | Up to 80% | Non-recourse, fixed to 30 yrs |
| Freddie Mac SBL | 6.60% | Up to 80% | $2M to $10M small balance |
| FHA / HUD | 6.74% | Up to 85% | Highest leverage, longest term |
| Bank / portfolio | 6.50% | Up to 75% | Flexible, value-add |
| Bridge | 9.00% | Up to 80% LTC | Reposition, lease-up |
A 1.25x debt-service-coverage floor is standard, and in Texas the property tax bill is usually the largest expense standing between gross rent and that ratio. Larger balances are handled under Arlington multifamily loans.
Rates last updated November 1, 2026. Rates and maximum LTV shown represent our best-case pricing scenarios. Actual rates, LTV, and loan terms are subject to underwriting approval and may vary.
Inspections, Property Taxes and Flood Rules for Arlington Owners
The city scores every apartment community. Arlington's Multi-Family Property Inspection Program requires an annual multifamily license, charges apartments an annual fee of $22.36 per unit, and inspects each community under a risk-rating system that scores properties from 0 to 100. A score of 90 or higher earns the lightest oversight. Below 70, every unit is inspected and the license can be put on probation or revoked, and the City notifies both the owner and the mortgage company of the score and the deficiencies. Scores are published for each community, so a lender will look yours up.
Property tax is the big expense. Texas has no state property tax, but local taxing units make up for it. The Tarrant Appraisal District values property as of January 1 for 73 taxing units, and owners can protest by May 15 or within 30 days of their notice, whichever is later. The City of Arlington levies $0.6298 per $100 of value for tax year 2026, unchanged from 2025, when it rose three cents, and school, county, hospital and college district rates stack on top. Non-homestead property valued at $5 million or less (indexed after 2024) has a 20% annual cap on appraisal increases under Tax Code s. 23.231, a provision scheduled to expire December 31, 2026.
No transfer tax. Since 2016 the Texas Constitution (Article VIII, Section 29) has barred any new law taxing the conveyance of real property, and Tarrant County's recording charge is $20 for the first page plus $4 for each page after it.
Flood and stormwater. Arlington is a Class 5 community in FEMA's Community Rating System, which gives property owners and tenants a 25% discount on federal flood insurance policies. Apartments pay the City's stormwater fee as non-residential property, based on impervious area, at $10.00 per equivalent residential unit since October 1, 2025.
Rent rules. Texas Local Government Code s. 214.902 lets a city adopt rent control only after declaring a housing emergency due to a disaster, and only with the governor's approval, so in practice rents follow the market.
Financing Options in Arlington
Where an Arlington loan starts depends on the property:
Dallas, Fort Worth and Houston are covered on Texas apartment loans.
When an Arlington Refinance Makes Sense
Two numbers drive most refinances here right now: the appraisal district's value and the city inspection score. A value increase raises the tax line the new lender underwrites, so we check whether a protest is worth filing before we size the loan. A weak inspection score, on the other hand, can slow a lender down or shrink proceeds until the deficiencies are cleared, so we review the City's published score with you first.
With rents in the city roughly flat to down, most refinances this year are rate-and-term or modest cash-out deals. If your property is still absorbing concessions from the recent supply wave, a short bridge loan can carry it to stabilization before an agency take-out.
Arlington Apartment Building Loans, Garden-Style to Mid-Rise
The city's rental stock ranges from older complexes to newer buildings such as One Rangers Way, the Entertainment District's first residential development. Properties we finance:
- Garden-style apartment complexes
- Newer mid-rise buildings near downtown
- Student housing around UT Arlington
- Older value-add properties ready for renovation
- Workforce housing near the GM Arlington Assembly plant
- Communities close to the stadium district
Arlington Multifamily Loans for Big Communities
Once a loan grows past the small-balance programs, the agencies bid against HUD and conduit lenders on non-recourse terms, typically up to 80% LTV with fixed periods as long as 30 years. The two items that shape a smaller Arlington loan still decide proceeds on a big one: the appraisal district's value, which sets the tax line, and the City's inspection score, which lenders check.
Large-balance programs are covered on Arlington multifamily loans; to see how the two agencies differ, compare Fannie Mae with Freddie Mac.
Arlington Multifamily Loan Rates
For larger balances, over $6 million
Arlington Loans for Office, Retail and Other Property
Many of our Arlington clients own other kinds of property as well, and we finance those too:
Nearby Apartment Loan Markets
Our other Texas city pages, from Houston to Lubbock:
Houston · Dallas · Austin · San Antonio · El Paso · Lubbock · Plano · Fort Worth · All Texas · Other U.S. cities
Recent Apartment Loan Closings
Among our latest closings is a Wichita Falls apartment property elsewhere in Texas, and every loan shown was priced against several competing lenders.
What Our Clients Say
“I am a veterinarian who purchased an existing practice. I was surprised to find a company that offered 100% financing at a good rate, with great terms and rates for medical office financing.”
Carol K. · Chicago, IL“I spoke to several commercial lenders before finding Select Commercial. They got me a lower rate and their service was exceptional. If you need a multifamily loan, you need to talk to Stephen.”
Nathan B. · Philadelphia, PA“Select Commercial was very helpful with my multifamily mortgage. Stephen went over several options and we came up with the best lender to meet my needs. I got the funds and also lowered my payments.”
Gary M. · Portland, OR“Select Commercial offered 100% financing for my medical practice when my bank would have required 20% down. They delivered something my bank could not, and handled everything professionally.”
John C. · Boston, MAGet Your Arlington Apartment Loan Quote
Send the rent roll, trailing 12 months of operations and the latest Tarrant Appraisal District notice, and we will size your Arlington loan from those three documents.
- No application or processing fees
- Written answers within 48 hours
- For 5+ unit and commercial properties, $1.5M and up